Dutch National Bank signals warning regarding Maharishi's money

ANP/February 7, 2003

A ccording to Dutch press agency, ANP, the Dutch National Bank has issued a warning regarding the dangers of the Raam currency issued by the Transcendental Meditation movement.

The Bank recently said the movement had not violated the law by issuing and using its own currency in the Netherlands.

However, the bank worries about possible counterfeith bills. In addition, there is the possibility that the currency is being issued without sufficient financial backing.